Vietnam russia defence cooperation

Hanoi (VNA) – Permanent Deputy Foreign Minister Bui Thanh Son emphasised the importance of international cooperation in the COVID-19 fight during the third phone talks with leaders of the ministries of foreign affairs of the US, Japan, the Republic of Korea (RoK), India, Australia and New Zealand on April 3. Son cited the appeal to all Vietnamese people by Party General Secretary and President Nguyen Phu Trong on March 30, as well as directions by Prime Minister Nguyen Xuan Phuc, to reiterate the Vietnamese State and people’s resolve to prevent and control the pandemic. Briefing his counterparts about the COVID-19 situation in Vietnam, Son said aside from the measures he shared during the previous phone talks, the Vietnamese Government has been stepping up actions to contain the spread of the coronavirus, including social distancing nationwide in 15 days starting on April 1. Highlighting the significance of international cooperation in the disease prevention and control, … [Read more...] about Vietnam highlights international cooperation in COVID-19 combat

“Such a scenario would be highly negative for PVN’s upstream portfolio, which mostly comprises of joint-ventures with foreign entities in offshore and mature producing areas. According to industry sources, PVN’s breakeven cost per barrel is believed to be in the region of US$51 per barrel, far above the $36.3 per barrel averaged in March and also above the $43 per barrel that Brent is expected to average in 2020, according to our forecast. This risks most of the PVN’s existing output and informs our expectation for overall crude oil and natural gas production in Viet Nam to suffer year-on-year declines of 5 per cent and 1 per cent, respectively, in 2020,” Fitch said. … [Read more...] about COCVID-19, price decline hit Vietnam’s oil industry

Bangkok (VNA) – Thailand is planning to seek cooperation from Myanmar and Laos to support the fight against haze and smog pollution amidst many forest fires detected in its northern and northeastern mountainous areas. Jatuporn Buruspat, Permanent Secretary of the Thai Ministry of Natural Resources and Environment, said his country’s government will seek cooperation from Myanmar and Lao authorities to jointly deal with the seasonal smog which has been blown across borders into the north of Thailand. He said the number of hotspots in Myanmar continues to rise while there have been fewer in Laos and Cambodia. The environment ministry is being urged to talk with the neighbouring countries, although it has also acknowledged that part of the problem has originated from bushfires within this country. According to him, the ministry has made relentless efforts to fight bushfires in forest reserves in Phrae province, Mae Wong National Park in Nakhon Sawan province, and Huai Kha … [Read more...] about Thailand seeks Myanmar, Laos cooperation to fight haze

The Vietnamese Government will continue its prevention efforts, while striving to promote economic development, address social issues, and protect safety and health of Vietnamese people as well as foreign citizens in the country, he said. PM Phuc highly valued measures the RoK government has adopted to control the epidemic and wanted to learn from its experience. He also proposed that the RoK government provide assistance for the Vietnamese community affected by the COVID-19 in the country to help them stabilise their lives. … [Read more...] about Vietnam, RoK share experience in combating COVID-19

In a diplomatic note delivered to a representative of the Chinese Embassy in Hanoi on April 3, the Ministry of Foreign Affairs of Vietnam opposed the incident and requested that the Chinese side launch investigations and strictly deal with those involved in the incident. … [Read more...] about Vietnam requests China not complicate East Sea situation